Car News Articles 
 Car Insurance Articles (183)





Car Insurance Articles

Apr 13, 2008 - 9:28:00 PM - Print

What is Full Coverage Auto Insurance?

You may have been told by the company that finances your auto loan that you need full coverage auto insurance.


While this practice has been around for some time, it's surprising how many people are confused by what this means and what it doesn't mean.


Some assume that full coverage auto insurance assures that their car's repairs will be paid for by the insurance company no matter what, and others don't realize the coverage they actually have.

Full coverage auto insurance is different from what is called Public Liability and Property Protection, or PLPD.

PLPD covers only the damage you do to someone else's property or vehicle, or injuries you cause them when you are at fault in an accident.

It doesn't cover your own vehicle's damage.

Many people opt for PLPD for older cars that they won't get repaired if in a major accident, or if they are simply trying to save some money and would rather risk paying for damage themselves rather than paying that cost every month.

Full coverage auto insurance means that your car is covered in the case of an accident when it comes to damage that needs to be repaired. The reason that many finance companies demand that you keep full coverage is because that car is the collateral for your auto loan and if it's damaged but doesn't get repaired, their loan is at risk as well.

However, not all auto repairs are reimbursed under full coverage auto insurance. If your transmission goes out or you run over a nail and need a new tire, you need to pay for these things yourself.

It's only in the event of an accident or vandalism that your car repairs are covered. To really understand all the coverage your insurance offers, read your policy carefully or talk to your agent for details.

When you do talk to your agent be sure to ask him which policy and coverages give you the best protection. If you don't ask, your agent may think you know exactly what your looking for.





comments powered by Disqus


Related Articles:
Improve Standard Auto Coverage With Optional Benefits
Drive Carefully-And Let A Computer Prove It To Your Insurer
How To Save On Auto Insurance This Holiday Season
Easy Ways To Save On Car Insurance
Vehicle Modifications Can Affect Insurance Premiums
How Your Credit Score Drives Your Auto Insurance Rates
Cutting The Cost Of Teen Driving
Save On Insurance When Buying A New Car
Car Insurance for Teenagers
Commercial Fleet Auto Insurance Tips
How To Recognize and Avoid Auto Insurance Abuse and Fraud
Rental Car Insurance - Safe or Stupid?
Tesco Car Insurance Find Internet Only Value Policies
Car Insurance How To Find The Best Policy
Three Easy Ways To Save On Your Car Insurance

sdg
sg
?????????


Stay Updated!


Car Insurance Articles
Related Articles
Insurance Fraud: A $40 Billion
Commercial Auto Vs. Personal Auto
Seven Ways To Save On
Another Reason To Keep Your
Auto Insurance Fraud Is Targeting
Improve Standard Auto Coverage With
Drive Carefully-And Let A Computer
How To Save On Auto
Easy Ways To Save On
Vehicle Modifications Can Affect Insurance
How Your Credit Score Drives
Cutting The Cost Of Teen
Save On Insurance When Buying
Car Insurance for Teenagers
Commercial Fleet Auto Insurance Tips
How To Recognize and Avoid
Rental Car Insurance - Safe
Tesco Car Insurance Find Internet
Car Insurance How To Find
Three Easy Ways To Save


Feed Button



Car Insurance Info | Newsletter | Car Classifieds | Online Car Rentals
Auto Pictures | Link To Carjunky.com



Complete List of Article RSS News Feeds


Copyright © 1999 - . CarJunky® All Rights Reserved.